Home cook: Three New York City chefs take their flames outsideWe caught up with three New York chefs who share our love of the great outdoors. Their drastically different spaces – a patio on the upper East Side, a swank New Jersey waterfront townhouse and a Southampton retreat – all have one thing in common: plenty of charcoal.

Great Wall Falls: Dursts Finally Leave ManhattanDouglas Durst and his cousin Jody may be the most powerful pair in New York real estate. They've taken up Seymour Durst's Midtown empire and stretched it across Manhattan, so why not try the trick on another island far, far away?

Wall Street Journal

From a Cookie Factory to a Shopping CenterRiverdale's Stella D'oro cookie factory, which infused its Bronx neighborhood with the scent of vanilla for decades, is set to be sold to developers who will raze the site and build a shopping center.

Developer Ventures Outside City—to TaiwanThe late Seymour Durst, one of New York's storied real-estate developers, famously pledged never to buy a building he couldn't walk to. But for the first time in more than 95 years, the Durst Organization is investing in a real-estate project outside of New York City—in Taiwan no less.

S&P Cuts U.S. Government EntitiesWASHINGTON—Standard & Poor's on Monday downgraded the credit ratings of Fannie Mae, Freddie Mac and several other U.S. government entities, reflecting their dependence on federal support.